A prominent institution, likely Blockchain Capital, has made significant profits from its strategic acquisition and subsequent sale of Ethereum Name Service ($ENS) tokens over the last several months. This savvy trading has seen the entity not only accumulate large quantities of ENS during its low point but also capitalize on the token’s price surge by selling at a considerably higher valuation. In total, the institution has realized a profit of $8.2 million after selling a substantial portion of its ENS holdings over the past three months. Strategic Hoarding and Profitable Sales of ENS Tokens Blockchain Capital, or the likely entity
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]]>Ethereum Name Service (ENS) has seen a remarkable price rally over the past week, surging by 114% from $20 to over $40. This sharp increase has attracted the attention of institutions, some of which have started to sell portions of their holdings to capitalize on the gains. Blockchain Capital, a notable institutional investor, transferred 52,800 ENS tokens worth $2.25 million to Bybit just two hours ago. The firm had previously accumulated a total of 645,800 ENS at an average price of $16 between 2022 and 2023, making this their first recorded sale. Similarly, another prominent ENS holder, which received 180,000
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]]>After five months of inactivity, the whale address 0x1d8 has resurfaced, depositing 50,000 ENS tokens, valued at $1.66 million, to Binance. This whale is known for being a long-term holder of Ethereum Name Service (ENS) tokens and appears to be capitalizing on the recent price surge. Despite this significant deposit, the whale still retains 50,000 ENS tokens worth approximately $1.64 million, maintaining a strong position in the asset. To date, the whale has secured an estimated profit of $2.83 million, reflecting a 63.2% gain from ENS investments. ENS Whale Activity To Monitor A closer look at the whale’s activity reveals
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ENS Domains has announced the launch of Namechain, a purpose-built Layer 2 solution that marks a significant evolution in the Ethereum Name Service (ENS) ecosystem. This development is part of the broader ENS v2 initiative, aimed at reducing costs and enhancing performance for users. The team hopes that by providing a familiar experience for Ethereum […]
]]>An early investor linked to the $ENS token recently transferred 154,000 ENS tokens, valued at approximately $2.47 million, to Binance. This recharge marks the investor’s first significant transfer in three months. 疑似 $ENS 早期投资方时隔三个月再次向 #Binance 充值 15.4 万枚 ENS,价值 247 万美金 2022.05.04 以来该地址曾收到项目方分发的 386 万枚代币,而 2024 年来已累计向交易所转移价值 642 万美金的 ENS,目前仍持有 202 万枚(约 3236 万美金) 钱包地址 https://t.co/5P6tzDH4lU https://t.co/wmF5hikLVd pic.twitter.com/tyPweK63aY — Ai 姨 (@ai_9684xtpa) November 4, 2024 Since May 2022, this address has received a total of 3.86 million ENS tokens directly from the project’s distribution. Throughout 2024, it has transferred $6.42 million worth of ENS tokens to various exchanges, while still
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The new integration could bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption.
]]>Ethereum Name Service (ENS) has quickly gained traction among Smart Money (SM) investors, with a significant increase in accumulation over the past few days. ENS now ranks #4 among tokens being accumulated by SM over the last 24 hours. Since September 7, SM investors have purchased a total of 11,260 ENS tokens, valued at approximately $191,100.
$ENS – Smart Money (SM) is back buying!$ENS has become one of the Hidden Gems. Discover more tokens like this in the GEMs Filter: https://t.co/5ARyT33yq3
$ENS rank #4 in Tokens Accumulated by SM last 24h. Since September 7, SM has bought total
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Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as […]
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Ethereum co-founder Vitalik Buterin has just paid around $500 to register a new Ethereum Name Service (ENS) domain name called “dacc.eth.”
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The July 11 Compound and Celer attacks may have been rooted in a Squarespace migration, and blockchain may help prevent future attacks.
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